The metaverse "digital twin" map company Sensat has completed a $20.5 million Series B financing, led by NGP

2022-10-21 15:44:25

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ChainCatcher news, the metaverse "digital twin" map company Sensat announced the completion of a $20.5 million Series B financing, led by the investment arm of the UK multinational energy giant National Grid, National Grid Partners (NGP). Sensat previously completed a $10 million Series A financing led by Tencent in 2019.

It is understood that SenSat provides machine and AI-readable virtual maps, which are digital twins created for real locations by combining real-time data from multiple sources. This technology supports offline fields such as infrastructure, providing more information and accurate analysis for decision-making, while significantly improving safety, cost efficiency, reducing waste generation and carbon emissions, and enhancing collaboration. (TechCrunch)

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